Joe Biden has announced targeted student loan debt relief for millions of US graduates, fulfilling one of his campaign commitments.
The US Department of Education will provide up to $10,000 in debt cancellation and up to $20,000 in debt cancellation to Pell Grant recipients.
Borrowers are eligible for this relief if their individual income is less than $125,000 ($250,000 for married couples). Individuals and households in the top 5% of incomes are not eligible.
We’d like to hear what US graduates and students think of this loan forgiveness policy, and how it may – or may not – affect their lives.
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